RWE AG (RWE) Given a €18.10 Price Target by Societe Generale Analysts
RWE AG (FRA:RWE) has been given a €18.10 ($20.11) target price by analysts at Societe Generale in a note issued to investors on Friday. The brokerage currently has a a “buy” rating on the stock.
RWE has been the topic of a number of other reports. DZ Bank AG reiterated a “sell” rating on shares of RWE AG in a report on Monday, September 12th. Commerzbank AG set a €12.00 ($13.33) price objective on RWE AG and gave the company a “sell” rating in a report on Friday, September 23rd. Morgan Stanley set a €15.00 ($16.67) price objective on RWE AG and gave the company a “neutral” rating in a report on Tuesday, June 14th. Sanford C. Bernstein set a €12.30 ($13.67) price objective on RWE AG and gave the company a “neutral” rating in a report on Friday, June 24th. Finally, Jefferies Group set a €13.00 ($14.44) price objective on RWE AG and gave the company a “neutral” rating in a report on Wednesday, June 29th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of €14.75 ($16.39).
RWE AG (FRA:RWE) opened at 13.756 on Friday. RWE AG has a one year low of €10.00 and a one year high of €16.45. The stock has a 50 day moving average price of €14.80 and a 200-day moving average price of €13.51. The stock’s market capitalization is €8.40 billion.
About RWE AG
RWE AG is a Germany-based electricity and gas company. It diversifies its activities into seven divisions: Germany, which consists of the Power Generation and Sales and Distribution Networks business area; Netherlands/Belgium; Great Britain; The Central Eastern and South Eastern Europe; Renewables; Upstream Gas and Oil, and Trading/Gas Midstream.
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